INNOVATE Corp. cash flow to debt ratio of 20.43% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

INNOVATE Corp.'s free cash flow has increased -1.32K% from $-9.90M last year to $120.50M, signaling increasing performance

INNOVATE Corp.'s debt to equity ratio is -2.92, signaling that the company spent its equity and risk bankruptcy.

INNOVATE Corp.'s debt to equity ratio is -2.92, signaling that the company spent its equity and risk bankruptcy.

INNOVATE Corp. has a net debt to EBITDA ratio of 10.46x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk

INNOVATE Corp.'s interest coverage ratio is 0.68, which means that the company struggles to meet interest obligations, signaling financial risk.

INNOVATE Corp.'s profit margin has increased (-52.73%) in the last year from -3.13% to -1.48%, signaling increasing performance

INNOVATE Corp.'s short-term liabilities of $1.03B exceed its short-term assets of $451.50M, signaling financial risk

INNOVATE Corp.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

INNOVATE Corp.'s return on equity of 9.58%, is lower than 15.00%, indicating bad performance

INNOVATE Corp.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

INNOVATE Corp. had positive net income in only 0 out of 5 years, indicating unstable earnings

INNOVATE Corp. has positive free cash flow, indicating the company generates cash after capital expenditures

INNOVATE Corp. has a free cash flow yield of 123.89%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

INNOVATE Corp.'s yearly earnings has decreased 75.14% since last year from $-34.60M to $-60.60M, signaling decreasing performance

INNOVATE Corp.'s yearly revenue has increased 12.55% since last year from $1.11B to $1.25B, signaling increasing performance

ROIC 10.94% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.

INNOVATE Corp.'s 3-year revenue CAGR of -8.70% is negative, indicating declining revenue over the past 3 years

INNOVATE Corp. had revenue growth in 3 out of 5 years, indicating consistent revenue performance

INNOVATE Corp. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

INNOVATE Corp. is undervalued relative to its fair value price of 112.31 based on Discounted Cash Flow model

INNOVATE Corp. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

INNOVATE Corp. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

INNOVATE Corp. has an EV/EBITDA ratio of 12.14x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

INNOVATE Corp. is undervalued relative to its fair value price of 38.05 based on Earnings Fair Value model

INNOVATE Corp. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

INNOVATE Corp. has a price-to-book ratio of 2.79x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

INNOVATE Corp. has a price-to-sales ratio of 0.06x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue